By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
ClimaxNewsHubClimaxNewsHub
  • Trending Now
    • Politics
    • Crimes And Security
    • Entertainment
    • Finance
    • Fashion
    • Sport
    • Technology
    • Health
    • Opinion
    • Education
    • Agriculture
  • Livescores
Search
Technology
  • Privacy Policy
  • About us
  • Contact
Health
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: EFCC Seals Kaduna Hotel for Breaching Money Laundering Act
Share
Sign In
Notification Show More
Aa
ClimaxNewsHubClimaxNewsHub
Aa
Search
  • Trending Now
    • Politics
    • Sport
    • Crimes And Security
    • Entertainment
    • Finance
    • Education
    • Health
    • Opinion
    • Fashion
    • Agriculture
  • Livescores
  • My Bookmarks
  • Technology
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
ClimaxNewsHub > Blog > Crimes And Security > EFCC Seals Kaduna Hotel for Breaching Money Laundering Act
Crimes And SecurityFinance

EFCC Seals Kaduna Hotel for Breaching Money Laundering Act

Share
2 Min Read
SHARE

The Special Control Unit against Money Laundering, SCUML, of the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission, EFCC has sealed up Hampton Hilton Hotel and Apartments, Kaduna, for non-compliance with the Money Laundering (Prevention & Prohibition) Act, 2022 and Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) regulations of the Financial Action Task Force, FATF for Designated Non-Financial Businesses and Professions, DNFBPs.

The entity was found to have committed multiple infractions in the course of the first evaluation carried out on it, on June 4, 2024, leading to the issuance of administrative sanctions to it by SCUML.

It was also found to have committed further infractions following the compliance evaluation of June 13, 2025, for which it was slammed N2,300,000.00 (Two Million Three Hundred Thousand Naira) fine, payable within seven days and with instruction to ensure full compliance with the Money Laundering (Prevention & Prohibition) Act, 2022 and AML/CFT regulations or face further consequences.

While it refused to pay the fine, it, as well, dishonoured SCUML’s invite to show up for compliance evaluation, resulting in the sealing of the premises.

The Special Control Unit against Money Laundering, SCUML, ensures DNFBPs’ compliance with Money Laundering (Prevention & Prohibition) Act, 2022 and AML/CFT regulations.

You Might Also Like

Police Arrests Factory Workers Over Chinese Employee’s Death

Nigeria Mourns President Buhari’s Demise

Court Sentences Man to 50 hours Community Service for Possessing Fraudulent Documents

Firm To Build $2.6b Petrochemical, Fertilizer Plant In Ondo

Housewife Lands In Court For Allegedly Stealing A Goat

TAGGED: EFCC, Nigeria

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

    By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
    Share this Article
    Facebook Twitter Whatsapp Whatsapp Email
    Share
    What do you think?
    Love0
    Surprise0
    Sad0
    Happy0
    Angry0
    Previous Article Akpabio Appeals Court Order Recalling Senator Natasha To The Senate
    Next Article Super Falcons Star Joins Italian Club
    Leave a comment Leave a comment

    Leave a Reply Cancel reply

    Your email address will not be published. Required fields are marked *

    Stay Connected

    Facebook Like
    Twitter Follow
    Pinterest Pin
    Instagram Follow
    - Advertisement -
    Ad imageAd image

    Latest News

    Governor Aiyedatiwa Pledges To Support Investors In Ondo State
    Politics Technology July 15, 2025
    Super Falcons Star Joins Italian Club
    Sport News July 15, 2025
    Akpabio Appeals Court Order Recalling Senator Natasha To The Senate
    Politics News July 15, 2025
    Police Arrests Factory Workers Over Chinese Employee’s Death
    Crimes And Security July 15, 2025
    //

    Climax News Hub is a professional news platform. Here we will provide you only interesting content, which is accurate and true.

    Quick Link

    • Trending Now
      • Politics
      • Crimes And Security
      • Entertainment
      • Finance
      • Fashion
      • Sport
      • Technology
      • Health
      • Opinion
      • Education
      • Agriculture
    • Livescores

    Contact

    Address
    Akure, Ondo State, Nigeria.
    Call Information
    Phone: 08119867422
    Email: news@climaxnewshub.com

    Sign Up for Our Newsletter

    Subscribe to our newsletter to get our newest articles instantly!

      ClimaxNewsHubClimaxNewsHub
      Follow US

      © 2023 ClimaxNewsHub. All Rights Reserved. Designed by Daniel Aderoboye

      • Privacy Policy
      • About us
      • Contact
      Join Us!

      Subscribe to our newsletter and never miss our latest news, podcasts etc..

        Zero spam, Unsubscribe at any time.
        Welcome Back!

        Sign in to your account

        Lost your password?